Description: The Actuary Vol. 22, No. 7. This article discusses the activities and goals of the Product Development Section of the SOA. Future activities will include joint sessions with other sections since product development issues sometimes relate to financial reporting. reinsurance, investments and nontraditional marketing.

Description: This article reviews the significant changes to the AMT that will affect life insurance in the 1990s. The Actuary Vol. 24, No. 4

Description: This article announces the availability of The Valuation Actuary Handbook. The purpose of this handbook is to provide assistance to all actuaries who need to use cash-flow testing to validate the appropriateness of reserves. It is a “how to” manual that contains the most up-to-date considerations and techniques for the valuation process.

Description: This article examines the impact of FAS 97 on the emergence of earnings for the most recent versions of UL products, those with interest rate and return of load kickers.

Description: This is a critique of J.M. Belth's book titled The Retail Price Structure In American Life Insurance.

Description: This article discusses the growing popularity of variable products and compares the product design and pricing of VUL and UL products.

Description: This article discusses problems with life insurance sales illustrations. Potential abuses include use of unrealistic interest rates, projection of mortality improvements, elimination of loads after the 15th year and bonus crediting after the 15th year.

Description: Article from The Actuary, March 1972 – volume 6 - Issue 3 provides the author's observation of the Interest Adjusted Method for illustrating policy costs.

Description: On January 1, 1986, a life insurance company began issuing whole life policies countrywide on a non-medical issue basis. Each applicant was asked whether he was a smoker or non-smoker. This article looks at the 1st duration smoker/non-smoker mortality.